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Planet Fitness PLNT Corporate-owned clubs — Rent & occupancy

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FBPCommercial And Corporate — Occupancy Net
$1.35M-15.8%

Other financials

Income statement

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Revenue$337.2M+21.9%
Gross profit$291.9M+14.8%
Operating income$98.7M+24.6%
Net income$51.6M+23.1%
EPS (diluted)$0.65+30.0%

Balance sheet

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Cash & equivalents$456.5M+14.0%
Total debt$2.9B+11.4%
Total equity-$482.2M-119%
Total assets$3.1B+0.4%

Cash flow

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Operating cash flow$147.5M+10.2%
CapEx$25.5M+10.6%
Free cash flow$122.0M+10.1%

Valuation

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Market cap$4.1B-27.3%

Profitability

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Gross margin81.7%-1.7pp
Operating margin29.9%+2.0pp
Net margin16.5%+1.7pp
FCF margin19.2%-0.3pp

Returns & leverage

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Debt / equity50.9×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Planet Fitness in its filing.

Tagged under the XBRL concept us-gaap:OccupancyNet.

The official record: Planet Fitness’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Planet Fitness's corporate-owned clubs — rent & occupancy?
Planet Fitness (PLNT) reported corporate-owned clubs — rent & occupancy of $32.71M in Q1 2026.
How has Planet Fitness's corporate-owned clubs — rent & occupancy changed year-over-year?
Planet Fitness's corporate-owned clubs — rent & occupancy increased by 5.4% year-over-year, from $31.03M to $32.71M.
What is the long-term trend for Planet Fitness's corporate-owned clubs — rent & occupancy?
Over 3 years (2022 to 2025), Planet Fitness's corporate-owned clubs — rent & occupancy has grown at a 12.4% compound annual growth rate (CAGR), from $90.07M to $127.92M.
What does corporate-owned clubs — rent & occupancy mean?
Includes all lease payments, property taxes, and common area maintenance costs associated with the real estate footprint of corporate-owned fitness centers. As a significant fixed cost, this metric highlights the company's exposure to real estate market conditions and lease obligations. It is a key factor in determining the break-even point and overall profitability of the corporate-owned store segment.